Excerpt from Elements of Life Insurance: Third Editions With Definitions of Life Insurance Terms The demand for this little book calls for a new edition, and the changes in life insurance as practiced in the United States which have taken place during a decade past have rendered it necessary to make this a revised edition as well. The surprising thing is that the princi ples of sound life insurance are so well established and so universal that even the great, and indeed startling, de partures in recent years from the former methods result in but few alterations of the text - and these relatively unimportant - and in yet fewer additions. An earnest attempt has been made to make the book yet simpler and more explicit than in the previous editions, and to exclude all that is mere opinion. A glossary has been added, giving the definitions of life insurance terms which are in common use, with references to pages of the book which discuss the subject more fully. In revising the book, its employment as a text-book in schools and colleges has been kept in mind, and especial efforts have been put forth to make it accurate and denni tive throughout. About the Publisher Forgotten Books publishes hundreds of thousands of rare and classic books. Find more at www.forgottenbooks.com This book is a reproduction of an important historical work. Forgotten Books uses state-of-the-art technology to digitally reconstruct the work, preserving the original format whilst repairing imperfections present in the aged copy. In rare cases, an imperfection in the original, such as a blemish or missing page, may be replicated in our edition. We do, however, repair the vast majority of imperfections successfully; any imperfections that remain are intentionally left to preserve the state of such historical works.